Guardia di Finanza – Sequestrati a Chiasso titoli USA per novantasei miliardi di euro
The Market Ticker investigates.
The contraband securities valued at 134 billion U.S. dollars are apparently real.
On that date the US Treasury Department announced that it had about US$ 134.5 billion left in its financial-rescue fund, the Troubled Asset Relief Program (TARP), whose purpose is to purchase assets and equity to buttress companies in trouble. [...]
At the same time, Japan’s Kyodo news agency has reported that the resignation of Japan’s Interior Minister Kunio Hatoyama might also be related to the Ponte Chiasso affair. [...]
Italian Police Ask SEC to Authenticate Seized U.S. Treasuries.
TARP?
C’mon.
Very sketchy story.. I still guess counterfeit. If these bonds were issued in the ’60s they should have already matured, meaning that someone was forgoing interest on $134 billion for years.